During the first quarter of 2014 real estate inventory in New York City remained at historic lows. In spite of a small (and quickly absorbed) inventory spike in January, there remains little for sale in almost… More
Every now and then I catch myself talking almost dismissively about a million dollars. That two bedroom co-op is a STEAL at $1,300,000. This one bedroom condo with a bath and a half is extremely well… More
When I first came to the town of Boca Grande in southwest Florida (where I am now spending a week with my family), it consisted of a drugstore, a grocery, and a big antebellum hotel. In… More
Has the internet ushered in a golden age of transparency for real estate sales? Today, prospective buyers and sellers have access to a variety of websites providing the same information which was formerly the exclusive purview… More
In October of last year, my daughter came to do strategic work at Warburg. She has never been, and may never be, a real estate broker as I am. But she is a brilliant strategist with… More
Why do we so often start with the conclusion? Today, at a retreat for a non-profit Board I chair, we had to struggle throughout the day with the danger of believing we already knew the answer… More
Income inequality is as old as income. It will always exist, since people aspire to different things, which they pursue with differing levels of ability. In the real estate business in New York, we work with… More
Every year, new real estate companies appear on the New York scene. Often they fail. One way or another, they tell us in their promotional materials, they are going to revolutionize the industry. First Foxton’s came… More
My favorite new word this week is “akrasia.” I learned it while reading Ian McEwan’s novel Sweet Tooth; it’s Greek and means acting against one’s better judgment. I have been guilty of a certain amount of… More
In my early years as a real estate agent, I never had a plan. Or if I had a plan, it did not rise much past the level of “make more money than last year” or… More
is Chief Executive Officer of Warburg Realty Partnership. A graduate of Yale College with a Masters Degree from CUNY, Frederick entered the real estate business as a residential agent in 1980. After working as a Sales Director at Albert B. Ashforth for a number of...